TBOS helps set up and manages many invoice finance arrangements for its clients, working with a number of different invoice finance providers to ensure that our clients are getting the best service and deal on their facility. However, in our experience of taking on existing recruitment agency clients with their own invoice finance facilities, we have found that quite often the facility they have in place does not always meet their needs. Many lack services or have a number of hidden charges they were not aware of.
Invoice finance companies have always liked working with recruitment agencies as the invoices are always backed up with signed timesheets, which virtually guarantees payment. For this reason invoice finance companies are currently offering some really good deals which can still provide the funding required but at a much cheaper cost.